NOT LISTED FOR SALE

1437 Tower Ln NE Cedar Rapids, IA 52402

Estimated Value: $210,000 - $239,000

3 Beds
2 Baths
1,507 Sq Ft
$147/mo HOA Fee

Last Sold July 30, 2018

Last sale price $179,900 $119 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,689/month

14 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Breakfast Bar
  • Westfield Elementary School Rated A
  • Forced Air Cooling System
  • Handicap Accessible

About This Home

As of July 2018

WELL MAINTAINED MAIN FLOOR UNIT WITH NO STEPS 3 BEDROOMS, 2 FULL BATHS & EXTRA LARGE TWO STALLS WITH BUILT IN CABINETS. WHEELCHAIR ACCESSIBLE, 36" DOORS TO ALL BEDROOMS, WALK IN SHOWER IN MASTER BATHROOM & HIGH VANITY IN BOTH BATHROOMS., ROUNDED CORNERS, 9' FT. CEILINGS THROUGHOUT, CEILING FANS IN ALL BEDROOMS & LIVING ROOM. ALL APPLIANCES INCLUDING WASHER & DRYER STAYS. CERAMIC TILE IN FOYER, KITCHEN & DINING AREA. 4 SEASON PORCH. IMMEDIATE POSSESSION.

Last Listed By

Pushpa Aggarwal

IOWA REALTY Listed on: 05/18/2018

IOWA REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,643

Year Built

  • 2002

HOA Fees

  • $147 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,507 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Irrigation

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,643

Year Built

2002

Lot Details

0

HOA Fees

$147 per month

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1507
  • Association Fee Frequency: Month
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Condo Unit Level: Condo On 1st Floor
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 3643
  • List User Cell Phone: 319-389-7994
  • Miscellaneous: Cable Ready, Handicapped Features, Irrigation System
  • Net Tax: 3448
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 119.38
  • Total Sq Ft: 1507
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 4 Seasons, Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Amenities: Laundry In Unit
  • Association Fee: 147
  • Association: Yes

Schools

  • Elementary School: Westfield
  • Middle School: Oak Ridge
  • High School: Linn Mar

Lot Info

  • Lot Size: Common

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 28, 2018
Sold by
Brammer Gary Duane and Estate Of Duane Eugene Brammer
Bought by
Fitzpatrick Julie Kay
Seller's Agent
Pushpa Aggarwal
IOWA REALTY
Buyer's Agent
Dan Kaestner
IOWA REALTY
List Price
$179,900
Sold Price
$179,900
Total Days on Market
14
Current Estimated Value
$219,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,893
Avg. Annual Appreciation
2.98%
Original Mortgage
$153,000
Outstanding Balance
$134,244
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$85,549

Purchase Details

Listed on
Sep 2, 2014
Closed on
Nov 25, 2014
Sold by
Brandt Robert L and Brandt Linda M
Bought by
Brammer Duane and Brammer Arlene
Seller's Agent
Will Brandt
SKOGMAN REALTY
Buyer's Agent
Pushpa Aggarwal
IOWA REALTY
List Price
$177,000
Sold Price
$165,000
Premium/Discount to List
-$12,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%

Purchase Details

Listed on
Aug 1, 2013
Closed on
Aug 28, 2013
Sold by
Escher Shirley A
Bought by
Brandt Robert L and Brandt Linda M
Seller's Agent
Emmaleigh Buck
SKOGMAN REALTY
Buyer's Agent
Will Brandt
SKOGMAN REALTY
List Price
$160,500
Sold Price
$152,500
Premium/Discount to List
-$8,000
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$122,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2004
Sold by
Storage Inc Of Coralville
Bought by
Escher Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fitzpatrick Julie Kay $180,000 None Available
Brammer Duane $165,000 None Available
Brandt Robert L $152,500 None Available
Escher Shirley A $154,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brammer Gary Duane $153,000
Previous Owner Brandt Robert L $122,000
Previous Owner Escher Shirley A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $179,900 0.0% $119 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $179,900 +9.0% $119 / Sq Ft
12/02/2014 12/02/14 Sold $165,000 -6.8% $109 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $177,000 +16.1% $117 / Sq Ft
08/29/2013 08/29/13 Sold $152,500 -5.0% $112 / Sq Ft
08/11/2013 08/11/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $160,500 -- $118 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,870 $192,200 $27,000 $165,200
2022 $3,660 $169,300 $24,000 $145,300
2021 $3,890 $165,300 $20,000 $145,300
2020 $3,890 $165,700 $20,000 $145,700
2019 $3,610 $167,200 $20,000 $147,200
2018 $3,344 $167,200 $20,000 $147,200
2017 $3,448 $162,200 $7,000 $155,200
2016 $3,553 $162,200 $7,000 $155,200
2015 $3,466 $154,744 $7,000 $147,744
2014 $3,466 $148,535 $7,000 $141,535
2013 $3,022 $148,535 $7,000 $141,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1803502

Cedar Rapids Area Association of REALTORS®

APN: 11342-56003-01074